De Groote Financial Group May 13, 2016

Producer Price Index Up 0.2% in April, Flat Year-Over-Year… Excluding food and energy, the measure of wholesale prices rose just 0.1% last month, and is only 0.9% higher over the same period last year. What it means– In the official measures, inflation remains absent. Clearly, they don’t give a lot of weight to things we actually buy on a […]

De Groote Financial Group October 30, 2015

Federal Reserve Leaves Rates Unchanged…  The central bank left short-term rates at zero, but specifically mentioned in their press release that they could raise rates as soon as December. What it means – The Fed reminds of Wimpy from the cartoon Popeye. Wimpy is famous for saying, ” I will gladly pay you Tuesday for a […]

De Groote Financial Group October 2, 2015

The U.S. Economy Created 142,000 Jobs in September, Far Below the Expectation of 200,000…  The reports for August and July were revised lower, by 37,000 and 22,000 respectively.  What it means – Less. That’s the theme of the entire report. Fewer jobs were created than expected, hours worked declined, labor force participation dropped, and even earnings […]

De Groote Financial Group August 23, 2015

This week the noise was over whelming. For that reason I wanted to respond to the markets a little different than doing my best to try to tell you what happened and what it means. Yes, global markets turned south on China Fears and Uncertainty over Oil. Minutes from the July Fed revealed lots of […]